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tv   [untitled]    August 6, 2011 9:00pm-9:30pm EDT

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the move to join me though to raise the number of violence the gateway to the ground in syria truly the coach was there. you can to listen to those little civility to go and. read this in the can it was which is used to retreat. dropping the dollar china again raises the possibility of a new global reserve currency after washington lets the u.s. credit rating slip. hundreds of thousands of israelis return to the streets across the country angered by the high cost of living and out affordable housing prices. the u.s. suffers its biggest single loss of life in the afghan conflict as a nato helicopter is reportedly down by the taliban.
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in moscow i matras are good to have you with us here on r t our top story the united states prize aaa credit rating has been cut for the first time since one thousand nine hundred seventeen standard and poor's dropped america's ranking one notch to double a plus this comes after a last minute debt deal earlier this week narrowly rescued the country from default s. and p. says the spending cuts agreed by congress are one and a half trillion dollars short and it's not change the rating could fall further in coming years but the obama administration says the analysis is way off and will damage any likely recovery he's losing cap and more from washington. well it really is more than anything a huge a symbolic and unprecedented blow to the united states to its status as a safe investment basically what this credit rating lowering does it is it really raises questions about the validity of the united states and the ability of the u.s. politically to get its financial house in order so to speak. russian is here for
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the american people for the u.s. government could be severe now while this only takes it down from aaa to a.a. plus with a negative outlook threatening in fact that the rating could get lowered even more in the next two years what it does is it potentially is sends the message that the united states is a risky investment that it sends interest rates going up for the federal government and because other borrowing costs are tied to that that means mortgage payments who go up mortgage interest rates can go up car interest rates can go up and really the rest of the u.s. economy could be severely affected now one thing that we do have to keep in mind here is that the obama administration had pointed out that the s.n.p. had made an error of about two trillion dollars in. projections in releasing that information now the s. and p. doesn't make these decisions based on any sort of special information they really it really is a political reaction based on facts that are available to just anyone and so the
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other thing we have to keep in mind here is that these same credit ratings agencies essentially allowed top ratings to continue in the united states at a time when we were investing a lot of money in these mortgage securities that essentially in their collapsing and pulling down the u.s. economy with it so they don't really have all of that much credibility in the eyes of the world market still however we don't know what will happen come monday when the markets will open and if those interest rates do rise there could be a ripple at this very unstable economic time here in the united states with the passage of this debt deal the u.s. government's hands are essentially tied in terms of stimulating. economy in terms of any sort of new spending that could boost growth we saw g.d.p. growth would have stalled to almost a crawl in the second half of the year we saw on top of that the jobs report that came out on friday for the united states while it was somewhat positive it actually showed negative growth because it means that more people here in america have given up looking for work so politically there's really not that will in washington to do
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what's needed to to stimulate growth and financially they simply do not have the tools in their possession in order to improve things here and so while these credit rating agencies may sometimes be accused by some financial experts of having missed the mark long ago these small tiny effects it in terms of higher interest rates could really really cripple what's already seems to be a worsening recession here in the united states. senior analyst at green crest capital believes this may just be the beginning of war serious trouble for the u.s. economy. it sets up an environment in which symbolically politically and economically the united states' leadership of a global economy has another kind of strike against it and it does reduce people's confidence people get scared they run away from riskier assets writing the bigger risk is to the word huge market with a very fragile situation in u.s.
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housing as well as the loans car loans. credit conditions generally and i would remind people too that hasn't he didn't just downgrade the united states they put us on further downgrade watch their suggestion here this downgrade me to be big it beginning of a process and not be and i do think that the leadership of the united states and therefore the dollar has come in for increasing question over the last few years we know the direction that this is heading in more or less down the problem we have is that there is no other currency presently position to fill the shoes of the u.s. dollar i mean the euro normally mentioned as a possible replacement is in shape that makes that dollars actuation look pretty good right now so clearly that doesn't look likely but i you may see regional currencies emerge with euro zone rules and renminbi in gatton and even brazilian riyad i taking up some of the position that the dollar historically had in their respective world regions. china has immediately reacted to the news of the downgrade by suggesting
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a stable reserve currency is necessary instead of the dollar concerns are also rising in asia's third largest economy india where the finance minister there called the situation grave or his prius rita has more from new delhi. he said markets are tumbling they were tumbling on friday obviously we don't know what's going to happen on monday and specific reaction to this news that he had left many financial analysts here predicted this especially after the u.s. debt ceiling debate that took so long and in many ways is what people are saying led to these lower approval ratings i guess you could say so the markets have tumbled here people are losing confidence in the american economy obviously there are things that soaring there is think a lot of decisions not specifically being made when it comes to that two point four trillion dollars in cuts a lot of people are wondering if they tell us this along to come to a decision just to raise the debt ceiling how much longer could it take to actually figure out the typically where to cut and paste has
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a very vast interest in this if you think about what these ratings actually means that means that the united states won't be able to repay a lot of their loans and actually hold three trillion dollars in the united states alone so people here are watching what's happening in the united states very closely asian investors are getting dogs in the wake of what's been a tough week for the u.s. economy according to investor and author john rogers. all the agents already know that america's got problems all of those are already moving out of u.s. government bonds we never got out of the first logo recession unemployment in america is still higher than it was in two thousand and eight the american has skyrocketed and gone to the did it through the roof americans who are should know that it was before america spent a lot of money and the people who got that money are better off with the overall situation is much worse america's quadrupled in america if you take in the consider the things that they guaranteed they printed huge amounts of money you know the
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world has gotten worse or hasn't gotten better but usually the u.s. will default that's why people are moving away from u.s. government bonds because everybody knows the u.s. is in serious trouble and the debt situation is getting worse and worse not better better and. as america's credit rating gets downgraded by a notch some fear the move could spark another black monday on international stock markets leaders criticize a rating agency standard and poor's accusing it of double standards promised to establish a european agency in response or he's daniel bushell has it into. the downgrading trust in the rating agencies to junk status. as the agency admitted a two trillion dollar miscalculation when they saw it being this downgrade they claim to have the world's best minds working for them hasn't really surprised people here because most know that's emerged as had unsustainable for many years now with everyone apart from the rating agencies it seems and the day before for
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the collapse of the credit crunch they still had aaa ratings on those companies now that made the agencies lose their reputation but people lost their whole savings triggering the world recession the followed. the rules of furious about s. and p's double standards they held with the white house the foolish decision. when it would take place what would happen and that's in the white house to prepare a response to the media or even question the the agency's judgment of the happened last week when the agencies graded the european union countries and their ratings now that's the gist of the agencies to say the very least as a result the european union is creating its own agencies. for americans who will see themselves having to pay more more interest on their loans in time to pay more. is bad really for everyone around the world who lend money to
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america because it raises the risk of not getting that money back. debt for man one giant black hole for a nation later on in the program we we ask in new york what's the difference between our debt and those of our governments. it's much worse for government to be and why because we trust the government to do the right thing and they're doing absolutely the opposite of that we don't you just use out to do the right thing and live within your means i do mean debt so that i can pay it off. but before we get to that a wave of mass anti-government protests is underway across israel the biggest rally happening in tel aviv with up to a quarter of a million people attending their anger at the high cost of living in an affordable housing artie's policy or has more. the mayfair is electrified what it did a mixture of jubilant and defiant they say they're not going anywhere until the
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israeli prime minister benjamin netanyahu meet their demands that is overnight that have been warning that some three hundred thousand people will take to the streets not only of television but also jerusalem and several other cities tonight and still to see whether or not three hundred thousand people are here but where i'm standing i can certainly tell you that there are tens of thousands of e-mails now police have been out in full force which these twelve hours they floated off all the roads leading to this mission and in a time it took me to pass through the security checks that caused hundreds of protesters walking in opposite direction holding up banners no united under the slogan office demonstration which is the people demand social justice and that's what they think why now to knock him down and slow down also that people will take back the country that you're not also making a number certain large groups of wives of policeman
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a social workers our teachers our doctors all of them throughout the course of the day saying that they were mobilizing the community then ordering them to come to the streets tonight's protest also comes in the wake of controversial housing legislation that was passed earlier this week by the israeli knesset all these really parliament and according to protesters here it caters to the reach the rich again making affordable housing also the reach of ordinary people now we need to be the comparison is being made between what we see here in israel and what has been happening and continues to happen in neighboring egypt this demonstration is painted over around a main street in tel aviv known as what's trial the boulevard and there are tens upon hundreds of tents on that street people have been sleeping there they've been eating they've been holding discussions and meetings they've been playing instruments essentially they've been living their lives on the street that some people here have dubbed tapia square. suffield corner of course being a reference to the heartbeat of the egyptian revolution says to be that is
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a comparison we also seen young people come to the streets here this is a demonstration in israel mobilized by the youth in much the same way as it was in egypt the demonstration is also taking place online with people constantly tweeting with people at a few posts on facebook placing it. on you cheap like we saw in egypt people calling told me she changed out israeli prime minister benjamin netanyahu has been very quiet in his response to much the same people of egypt and president talking about it was something that they believe said that if they find a beat up of this city the city it needs issued a scathing attack against saddam hussein is not only was he out of touch with the people but the only entity visiting with planned these demonstrations could be anything that saddam did in the past few days except imitation is part of a mass movement people in the country indeed by care is very touching people
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mobilize people are saying they believe nowhere and a lot of the government has a monster on its anomalies policia to have a. member daniel prime minister netanyahu doesn't realize that the protests are rooted in public discontent and not from political rivals. people here yelling out shouting us keeping in the streets and talking about tens of thousands you won't see the police shooting or beating the protesters it's very polite it's very strong vested very polite as to how to change the policy of the government and how to have a better life in israel for the time being they have not read any wounded in the last three weeks i don't think it will be different in the coming weeks this is a strike of history professionals lot of unemployed people we have almost no unemployment but you do everything as if you cannot have
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a different life this demonstration has no right wing or left wing views it is most of the mainstream israelis who feel so bad about how they live and they go to the street like tonight and maybe next week and i don't think mr netanyahu gets the right view of these demonstrations he thinks that political parties are behind it and he is wrong. thirty u.s. special forces personnel and seven afghan soldiers have been killed in a helicopter crash in afghanistan the aircraft was hit by a rocket propelled grenade in the eastern wardak province you know sort of marks the biggest single loss of life for u.s. forces in the country some of the officers aboard the helicopter were reportedly part of the same unit that carried out the assassination of osama bin laden medea benjamin from the antiwar movement code pink says the u.s. has too much damage in the country and it's time for them to pull out. what we have seen in these last ten years of endless war he said the presence of u.s. troops is it strengthens the taliban it gives the taliban
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a reason for being and the more that the u.s. troops continue to be there the. violence will continue and report recently came out from the international crisis group that showed that despite billions of dollars in international aid and over one hundred thousand nato forces the afghan people are not able to be secured by everybody knows that this crisis has to enter negotiations and the sooner it happens the better and i think this crash is really a time when we should say to ourselves in the united states how many more of our soldiers' lives are we willing to sacrifice for an unwinnable war bill kind of is no longer in in afghanistan we have moved on to pakistan somalia game in the u.s. has no reason to be fighting the taliban the taliban never attacked us there in the united states and only attacks are soldiers because we are occupying their country so i think with the financial crisis in the united states and now this tragic death
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of thirty one who are of our soldiers it is time to really say if you want to see victory and pull out or whatever but it's time to get out. her web site has plenty more stories along with blogs video analysis and what's online right now. check out this dramatic video of firefighters battling a warehouse employees in southern australia. plus. from london to london stat a group of hard line muslims want to impose sharia law in the u.k. which could condone amputations for petty theft to illustrate that point check out the cartoon section of our website where we draw out all the major stories. of the. people loyal to former ukrainian prime minister yulia timoshenko continue to
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protest against her arrest her supporters have set up a tent camp near the center of the capital kiev she was arrested friday for contempt of court t.v. alexei or chef he has more. several dozen supporters of you to go are protesting here believing that the case is politicized and being orchestrated directly by president to be free on the call which several hundred more people are stationed in a tent camp at the main see the main street and give prophetic street that's where the court building is we're hearing off constant clashes between the supporters of unity which angle and the law enforcement officers you have to muster and what is being accused of serious economic crimes including striking unlawful gas deals with russia and unlawful usage of money which ukraine received from signing the kyoto protocol several years back now it is interesting because there have been already comments from russia's foreign ministry which urged ukraine to hold
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a transparent and fair case on yulia timoshenko as well as saying that all gas deals which ukraine and russia signed in two thousand and nine were completely legitimate and were signed in full accordance with the two countries laws there also being a very sharp comments coming from the european union with almost all of the nations in europe criticizing the current state of affairs the fact that you wish michelle has been placed under arrest and they demand that she must be released immediately and that the trial must be held in a transparent way. turning now to some other stories making headlines across the globe protesters have with authorities in north london as rioters tried to storm a local police precinct shops and a passenger bus were also set on fire plus several patrol cars demonstrated demonstrations began after a twenty nine year old man was shot dead by a police gun crime unit earlier this week more than three hundred people took to the streets of the british capital to demand justice over the killing.
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syria's foreign minister has pledged free democratic general elections in the country by the end of the year this comes as activists say fresh clashes in syria have left at least twenty four people dead the security forces firing on anti-government protesters the six day crackdown has now reportedly killed around two hundred people across the country the international condemnation of the violence is growing most recently the u.s. says they're working on new ways to influence the situation beyond sanctions. and seventeen people have been killed four injured in a multiple vehicle collision in southern china state media says the pileup happened after two trucks collided flipping one of them into the path of an oncoming passenger minibus authorities are investigating whether overloading of the vehicles involved may have been a factor in the accident. suit turning now back to the u.s. debt drama that seen its top tier credit rating take a hit now if you or i get deep in debt the bank is always ready to pounce and yet
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it's only now that the u.s. which owes trillions is seeing its credit score decline to talk show host people on the streets of times square why consumers are so addicted to borrowing. why do you think so many people allow themselves to get so far and that is the is the age that we live in everybody sees the person next door that they've got a brand new car their lifestyle and that's what they want is so much advertising and people just want you to spend money so i think that's the difference between americans and europeans but you have advertising in europe or you just you don't pay attention to it or. i think we pay less attention to it and we probably think a little more about what we need and what we can afford but it's all about thinking yes i think so is it worse for you to be into personally that it is for
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a government to be in that. it's much worse for a government to be and why because we trust the government to do the right thing and they're doing absolutely opposite of that don't you trust yourself to do the right thing and live within your means i do but i get such that i can pay it off debt is dead it's bad for governs best for individuals and the government should show leadership so they've got to clean it up do we really expect our government to get its act together if we can't get our act together for small family we can only hold individuals and the government will step up and make a difference whether or not you're in debt personally the bottom line is we've become a planet of debtors so it might be time for all of us to rethink what it is to live within our means. finally in this news walk we take you thousands of kilometers east of moscow and
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also a place that's also here in the past. taking you now out of the far eastern am original remote but rich area holding russia's largest reserves or precious metals as artie's alice cooper has met one team whose treasure lies not in gold but bones. they sweep the rusted close up team is coming to us all week from the far east in a more region now for many this region's distinctive juice to its proximity to china and its smallest reserves of war materials and natural as the will says puts the one paleontologist in his team it's the bones of ancient dinosaurs discovered deep within the ground here that will put this region firmly on the map. and you even on the ski is a man obsessed with the power of a bygone age when dinosaurs rule this part of russia he may have been born in the
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country's new and western areas but it's the far east on tap jurassic history in the regions which he's devoted his adult life i was going to her very near to this side to be known since about nine hundred forty eight with an unbelievable number of bones are buried here and i think we'll be digging for at least another two years with literally everywhere here the animal region is looking at one of the few functioning archaeological sites only here can a site boast of having produced a complete dinosaur skeleton that discovery made a decade ago led to the full recognition of a new breed of dinosaur a lot or to tan or giant someone at twelve nice along have all found almost exclusively here and it was usually someone who first stops a fragment of tail bone sticking out of the father and son went on to make paleontology history about his sins followed in his father's footsteps it's
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painstaking work requiring patience and skill in equal measure when we discover the wrong we begin to or him or the ground around it from a horrid euthanize your. we're a girl who are slow because. more bones in the ground around it. just a thought a lives it's. a year and his team have been excavating this site for the past three years and already they found well over one thousand scientists sawbones approximately sixty five million years old but they believe that the bones of hundreds of more diverse schools i'd get to be found within this small plot alone i am told that these will most likely be fragments of another giant duck billed plant eater unique to the region and named in his honor the are more saurus is another previously undiscovered breed credited to team the last ski which includes natalia also as scientists it was she who came out with both steiner saul's names as well
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as taking day to day charge of running the region's only paid holiday laboratory and museum each new discovery must be carefully catalogued and examined the aim is to inspire the next generation of dinosaur homicides was one ensuring the family's feeds don't go to our members. you can see if a lot of your blog at the excavation site and here you see foreigners in our gardens are scared of them or czarist and kerberos are quite a strange looking reptile is an answer learned from the follies of history stars mines and this is charles marsh an american parents ologist in eight hundred eighty seven he visited moscow and announced that there were no dinosaurs in russia and everyone believed him yet luckily u.-t. velocity comes from a long line of scientists who chose to follow their own instincts and secure more as place in the history books as one of the world's foremost sites for paleontology
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it was there just terminations and new small amount of digging that revealed a dinosaur john allen said that r.t. the more we. knew those are about what the headlines after a short break stay with us here are.
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of them it. seems. to. me. if. he.
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feels. the. same. mission. critical three months for charges free. free. free. free. free lunch just plug in video for your media projects and free media and on to our t.v. dog tom.

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